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Stories published on May 18
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  • Stories published on May 18

Saturday, May 18

22

Climate crisis may drive 40 million people into extreme poverty by 2030 — World Bank

businessday.ng

The climate crisis is a health-risk multiplier and extreme weather events may bring a harsher reality for human health.

16

Drake puts MASSIVE bet on Tyson Fury vs Oleksandr Usyk that could bank him more than $1MILLION - but fans are warning the 'curse' could strike again

www.dailymail.co.uk

Boxing royalty like Mike Tyson , Anthony Joshua and Lennox Lewis have already had their say on how they think the fight will pan out, with the world tuning into Saudi Arabia tonight.

11

World News | Over USD 16 Billion from Partners Push ADB's Focus on Climate Action, Sustainable Development

www.latestly.com

Get latest articles and stories on World at LatestLY. The Asian Development Bank (ADB)'s partners committed USD 16.4 billion in cofinancing in 2023, up by 44 per cent from the previous year.

10

World Bank Awards Namibia a Multi-Million Dollar Loan to Harness its Potential as Africa’s Largest Wind and Solar Powerhouse

A consortium led by the World Bank has agreed to lend Namibia $139M to harness its potential as Africa’s largest wind and solar powerhouse. Namibia ... Read more

Friday, May 17

15

$260bn agrifood investment can halve global greenhouse emissions – W/Bank

businessday.ng

$260 billion agrifood investment can halve global greenhouse emissions by 2030, according to a World Bank report. Through changes in

12

“Got to Have That Million in Your Bank First”: Fred Kerley Responds Critic With Savage Reply After His ‘World Record’ Statement

thesportsrush.com

Fred Kerley has shown a lot of consistency during his outdoor season. He has never finished outside of the top three in a race, and he is also setting fast sprint times. However, the 29-year-old is still looking for a win, like he did at…

11

Are newspapers published and delivered on late May bank holiday?

PEOPLE around the world have kept up to speed with newspapers over the years.

09

Here are four Nigerian-owned banks that made Africa’s best list

businessday.ng

Four Nigerian-owned banks emerged among the best banks in Africa last year, according to the latest 2024 World’s Best Banks

World Bank: Risk Of Debt Distress In Nigeria, Others Remains High

newtelegraphng.com

The World Bank has predicted that Nigeria and other countries in African are still under intense and high risks over debt distress. Despite the threat, it, however, said the continent would record a decline in their public debt in 2024. In…

02

Oyo, world bank renovate 58 schools

punchng.com

The Oyo State government, in collaboration with the Global Partnership for Education, a World Bank-assisted program, has disbursed grants for the renovation of 58 public schools in the state. This was revealed by the Commissioner for…

Thursday, May 16

20

Why banks consider renewable energy to be a riskier investment than fossil fuels

phys.org

The financial sector is among the world's most heavily regulated industries—and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent financial crises. Other…

18

Afreximbank’s world-class medical centre to open in Abuja May 2025

businessday.ng

The 500-bed world-class medical facility being built in Abuja by the African Export-Import Bank (Afreximbank) will still commence operations in

There’s a good chance your bank is funding fossil fuels

www.marketplace.org

Since the Paris Climate Agreement, banks together have funneled trillion into fossil fuel companies, according to the 15th Banking on Climate Chaos report. Last year, JPMorgan Chase was the No. 1 fossil fuel financier in the world. Some of…

Banks Remain Financially Committed to Oil Despite Transition Shift

oilprice.com

There is no large international bank without a net-zero plan. These plans invariably include curbs in lending to the oil and gas industry. Yet despite these plans. Most of the world’s top lenders continue doing business with the oil…

17

U.S. banks remain the world’s largest funders of fossil fuels

www.marketplace.org

Banks have invested trillions of dollars since the Paris Agreement went into effect.

15

World Bank says Africa’s public debt to drop in 2024

nairametrics.com

The World Bank Group has predicted a positive trend for African countries, noting that their public debt will drop in 2024.

58 Nigerian entities banned from World Bank projects over corruption allegations

www.businessamlive.com

Business a.m. The World Bank has imposed sanctions on 58 Nigerian companies and individuals in what it considered an effort to combat corruption and uphold transparency. According to the international financial institution, the sanctions,…

Santander confirms data breach affecting customers across the world

www.techradar.com

One of the world's biggest bank suffers a third-party data breach affecting customers and employees.

13

Electricity: Senate Okays $500m World Bank Loan for Mass Metering

businesspost.ng

By Adedapo Adesanya The Senate has approved President Bola Tinubu’s request to obtain a loan of $500 million from the World Bank to finance the mass metering programme of the federal government. The Deputy Senate President, Mr Barau Jibrin…

11

World Bank Blacklists 58 Nigerian Firms, Individuals – [See Details]

www.naijanews.com

The World Bank has taken action against no fewer than 58 Nigerian companies and individuals for their alleged involvement in corrupt practices. Naija News understands that the strict action is part of the financial institution’s ongoing…